Student Accommodation Earmarked for Meadowbank

Posted by Richard Ward in

Image courtesy of Flickr, Creative Commons

Developers are weighing up their options after purchasing two adjoining sites in London Road, Edinburgh.

Scarlett Land and Developments Ltd has acquired two sites on London Road following a deal with Summix Capital Limited.

The sites were previously under separate ownership but could now be brought forward to the city council as a single development.

The combined area for development is 0.75 acres and is directly opposite the Meadowbank Stadium, which hosted the 1970 and 1986 Commonwealth Games.

It is understood that Summix Capital is reviewing its options, with new student housing a possibility.

Following the deal, campaigners have called on the city council to carry out a strategic review of the entire Meadowbank area.

Will Scarlett from Scarlett Land Development, said: "Summix have been highly strategic in the acquisition of two adjoining sites in such a strongly emerging part of Edinburgh."

"Their ability to move quickly and decisively has been a key factor in this positive outcome."

Those against the idea of developing the plot have called on the council to halt its plans for the Meadowbank Stadium site, believing an investigation is needed to understand the impact on the local community.


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